RBI Cuts Inflation Forecast To 2.8% For Last Quarter Of Current Fiscal Year

RBI said the short-term outlook for food inflation appears particularly benign, despite adverse base effects.

Economy | | Updated: February 07, 2019 13:48 IST
RBI Cuts Inflation Forecast To 2.8% For Last Quarter Of Current Fiscal Year

The central bank on Thursday cut the key repo rate -- at which it lends to banks -- by 0.25% to 6.25%.